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DRich
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April 19th, 2021 at 11:26:11 AM permalink
COIN will continue to be volatile for a while as they did not allocate any shares for sale. They did a direct offering so the only shares available to trade are the ones the insiders are selling.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
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April 20th, 2021 at 9:20:40 AM permalink
Quite a few AMZN trades today
3361 to 3365
3357 to 3359
Bot three separate lots (uneven share amounts)
3348 , 3335 , 3321
Sold some at 3349 (partial fill) rest at 3332. (Buying on dips is not dead, averaging in works.)

Booked!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 20th, 2021 at 10:14:01 PM permalink
Bot a lot of trading shares of NFLX @ 495 in the AH. Looking for at least 505 tomorrow.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
Wellbush
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April 21st, 2021 at 7:19:13 AM permalink
You know you may be able to accelerate your investment returns, MD, by investing in options. I understand you may not have time to understand or invest therein, but there are subscription services who can do all the work for you.

One way to protect yourself is to only invest 30% of your capital. This can be done by dividing up the 30% into 15, or more, even investment amounts. Food for thought?
All persons reading my posts gamble at their own risk, as I do. I don't ordinarily dispute math. I may dispute math I don't understand, or if I think it's faulty. I am not a conspiracy theorist.
MDawg
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Wellbush
April 21st, 2021 at 7:37:32 AM permalink
I trade some of the same stocks I hold very long term. I trade additional shares on top of what I hold very long term.

Last night I got NFLX at 495, sold at 515 today (actually got the high for the day). Re-bot NFLX 505, sold 510.

TSLA, 698 to 701 - got the low for the day there and sold too soon.

I have traded options in the past but not with my nearly 100% success rate as with trading stocks. That 30% figure you mention there would not apply to me. For me to put 30% of my accounts into options at any given time would probably drive the price of the given option through the roof. And would not be that smart - would represent simply too much money put at risk.

I prefer the actual stock. If things go against me time is on my side, and I just average in or ride it out and the stocks I trade always come back to give me a profit.

I suspect that any options trader who had the funds to trade the actual stock would prefer to trade the actual stock. I believe that most options traders can't afford to trade the stock so they gamble on trying to make a lot with a little.

I may be a day trader / swing trader but I am actually pretty conservative in my goals.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
SOOPOO
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April 21st, 2021 at 8:19:10 AM permalink
Quote: Wellbush

You know you may be able to accelerate your investment returns, MD, by investing in options. I understand you may not have time to understand or invest therein, but there are subscription services who can do all the work for you.

One way to protect yourself is to only invest 30% of your capital. This can be done by dividing up the 30% into 15, or more, even investment amounts. Food for thought?



You can't come up with $2k to pillage the casinos but you can figure out how to help a long term, million dollar a position investor, like MDawg? Thanks for the advice. Your deep insight into MDawg's finances to teach him how to 'protect himself' by only investing "30% of his capital' is a golden nugget of advice. Please tell us what to do with his other 70%.....

I did make a trade today! BETZ in and BETZ out for a +$160! I lost a bunch over the last two days but it was probably proportional to the overall market. Still underwater on NAK, NOK, and now NBEV. Perhaps I shouldn't buy stocks that start with N?
darkoz
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April 21st, 2021 at 9:16:13 AM permalink
Quote: SOOPOO

You can't come up with $2k to pillage the casinos but you can figure out how to help a long term, million dollar a position investor, like MDawg? Thanks for the advice. Your deep insight into MDawg's finances to teach him how to 'protect himself' by only investing "30% of his capital' is a golden nugget of advice. Please tell us what to do with his other 70%.....

I did make a trade today! BETZ in and BETZ out for a +$160! I lost a bunch over the last two days but it was probably proportional to the overall market. Still underwater on NAK, NOK, and now NBEV. Perhaps I shouldn't buy stocks that start with N?



Well how is Netflix doing?
For Whom the bus tolls; The bus tolls for thee
OnceDear
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April 21st, 2021 at 10:10:16 AM permalink
Quote: darkoz

Well how is Netflix doing?

FYI... NFLX as of Apr 21 12:48 PM ET
509.74 -39.83 -7.25%

I expect MDawg sold his at 548 or so. $:o)
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
SOOPOO
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April 21st, 2021 at 11:58:13 AM permalink
Quote: OnceDear

FYI... NFLX as of Apr 21 12:48 PM ET
509.74 -39.83 -7.25%

I expect MDawg sold his at 548 or so. $:o)



A few posts back MDawg mentioned he bought at 495. So he must have made a profit as it broke 500. I don’t own any Netflix. I made money on two trades today. BETZ mentioned earlier, and TRIP. It’s easy to make money when Dow, Nasdaq, and S&P are all up.
SOOPOO
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April 22nd, 2021 at 7:09:27 AM permalink
So MDawg.... do you ever do this...? I (retirement account so no tax worries) own a stock that I ‘like’ because it pays a good dividend and is a long term big winner.... O is the symbol. I believe it is now overvalued due to a recent 20% run up for no reason I can ascertain. So today I sold some at $69.90 with the plan to rebuy if it hits $69. It would mean at $69 I own the exact same number of shares I owned before trading but would have an extra $90 per hundred shares. If it never goes back to $69 the bulk of my shares are then up. So it ‘feels’ like I can’t lose....

In the few minutes it took me to post this it’s up to $70.05.
MDawg
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April 22nd, 2021 at 7:46:43 AM permalink
I own a variety of different stocks, not just tech stocks. Yes, some of the non-techs tend to flatline over the years but pay dividends.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 22nd, 2021 at 10:59:42 AM permalink
Trading wise today:
I joined you SooPoo, on COIN, at 301. Doesn't look too good it's already lower, may decide to average in, but probably will just leave it alone for today see how it goes tomorrow. If it gets back to 304 or so, will probably dump it today.

I re-bot NFLX at 504 today too.

(As far as the NFLX @ 495 I bot on earnings night, I disposed of those trading shares the next day, and wrote about it here.)
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
SOOPOO
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April 22nd, 2021 at 11:09:17 AM permalink
So I ‘booked’ $90 on O. Sold at $69.90 then rebought at $69. So I have the exact same stock holding as yesterday, but $90 cash in the account. It’s a weird way to do it. My other 1200 shares of O are now worth $1100 less than yesterday....

I unfortunately am in COIN at $325. But not looking to trade. I’d be happier if I was in at the present $296 though....

I have been buying some long term bonds paying between 3 and 4%. Limits my variance when market is down.... and up....
MDawg
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April 22nd, 2021 at 11:19:36 AM permalink
I believe the markets just took a dump due to the news that Biden is considering doubling the capital gains tax rate for wealthy Americans to 39.6%. (I also saw 43.4% mentioned.) Typically this sort of news blows over though, and the markets recover quickly.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 25th, 2021 at 10:30:24 AM permalink
TSLA reports Monday the 26th. AMZN Thursday the 29th.
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SOOPOO
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April 25th, 2021 at 1:59:13 PM permalink
Quote: MDawg

TSLA reports Monday the 26th. AMZN Thursday the 29th.



I always feel that the earnings, despite theoretically not released until the official release, are leaked to some unethical people. I fell like I will never be amongst the ‘in the know’ crowd and won’t guess one way or the other based on an earnings date. Plus sometimes earnings ‘best’ estimates but don’t beat a ‘whisper number’ and the stock plummets.

Any thoughts on my thoughts?
MDawg
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April 25th, 2021 at 7:39:21 PM permalink
In general, NO. EVERY TIME the stock starts tanking up until the closing bell, the internet is awash with rumors that "earnings were leaked." The truth is - the action before the bell has NOTHING to do with what happens after the bell.

Are earnings leaked? Yes, it may happen, but if it does happen it is leaked to so few that it's not going to make a difference one way or another before the bell.

I was privy to information once. Did I act on it? I will never say.
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MDawg
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April 26th, 2021 at 7:17:13 PM permalink
I hung around in the room long enough to note that TSLA earnings were good, but for whatever reason, failed to impress. TSLA dropped some. I didn't look into this closely yet.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
Mdawgrukes
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April 26th, 2021 at 7:25:03 PM permalink
Mmmmmm we bet on you everyday winning nrbouyvff vim sucking us offbeat you are the best until the toll rings for you and misses jefff decides itvs overs for you and misseres mike sellojgrd youuuhgb outtt fitbtidhbeasyyyhgrhb dolleardsgj
unJon
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April 26th, 2021 at 8:19:05 PM permalink
Quote: Mdawgrukes

Mmmmmm we bet on you everyday winning nrbouyvff vim sucking us offbeat you are the best until the toll rings for you and misses jefff decides itvs overs for you and misseres mike sellojgrd youuuhgb outtt fitbtidhbeasyyyhgrhb dolleardsgj [/q
Good talk.

The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
MDawg
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April 27th, 2021 at 10:24:33 AM permalink
I did one trade only today, AMZN 3416 to 3421.

As far as why TSLA dumped (and continues to dump today), notwithstanding beating on earnings and revenue, with solid delivery numbers, the street is concerned that most of the EPS is coming from bitcoin profits and regulatory credits.

What it comes down to - is that the stock market is governed by emotions. For whatever reasons, the emotions of TSLA traders interpreted the news negatively, at least for now.

Still, it's not exactly a cataclysmic drop, especially considering that we are still over 700. I'd look for this to drift back over 800 after some of the suckers sell out.
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MDawg
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April 27th, 2021 at 10:26:12 AM permalink
AMZN meantime, has been popping since yesterday not just based on earnings ramp up excitement, but rumors of a stock split.
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DRich
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April 27th, 2021 at 5:12:33 PM permalink
Quote: MDawg

AMZN meantime, has been popping since yesterday not just based on earnings ramp up excitement, but rumors of a stock split.



I never understood why people assume stock splits are good. Especially now with fractional shares available.
At my age, a "Life In Prison" sentence is not much of a deterrent.
MDawg
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April 27th, 2021 at 10:24:20 PM permalink
After a stock split of an industry leader like TSLA, NFLX, AMZN, AAPL, etc. the stock tends to go back to where it was per share, notwithstanding the split, which translates to a poop-ton run up.

Why? Who knows why people look at it that way, but I recall all the mornings I would wake up and my NFLX that I bought and have held continuously for about a decade now if not longer JUMPED.
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SOOPOO
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April 28th, 2021 at 9:14:43 AM permalink
Trading TSLA. 30 shares at 697. Selling 1/3 at 699 and 2/3 at 702. I hope....!

Edit.... so I own G (Genpact). Up around 7% today. Why? Better earnings? No. Better revenue? No. Better estimates for those in the future? No. Any news about the company’s products, efficiencies, hiring, acquisitions? No.

It is being added to the S & P mid cap 400 index. That’s it. It is stupid!!!!
MDawg
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April 28th, 2021 at 10:07:40 AM permalink
You should be fine with the TSLA trade.

Any stock that becomes part of the S&P roars. TSLA is an example. Partly hype, also merely that fund managers must then buy it.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 29th, 2021 at 7:51:00 AM permalink
You're going to see some volatility in AMZN leading up to the bell, but again - no one knows! no one knows!
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 29th, 2021 at 9:29:32 AM permalink
Trading: AMZN 3455 to 3459.

Do NOT let go of your long term AMZN shares...ever.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 30th, 2021 at 4:42:25 AM permalink
AMZN carries the day! But not enough to carry the Nasdaq, at least not yet....
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 30th, 2021 at 9:37:15 AM permalink
Trading: AMZN 3508 to 3515,

Lot of easy trades available on AMZN today.

As stated, NEVER sell your long term AMZN shares though. Hodl just like bitcoin.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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April 30th, 2021 at 4:14:31 PM permalink
One more trade AMZN 3471 to 3475.

I knew enough at that point to leave it alone...but just consider...up +124 in AH last night, and closed today a few points in the red! I mean that's really something else. A lot of people got creamed today.

Main reason AMZN moves up and down like that is too many wannabee get rich quick types with no patience who dump their barely-can-afford-to-be-in-this-market options or shares at the first sign of blood.
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onenickelmiracle
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April 30th, 2021 at 6:33:42 PM permalink
Elon Musk is going to be on SNL May 8th. If a tweet can make a difference, I wonder what might happen after being on the show. I'm wondering how long it has been in the works and his reasoning for being on the show. I would guess, 65% chance negative affect on stock, 35% good. Will a skit cause controversy or will it be one great free commercial? People pretty much love Elon Musk, maybe it will be good, I don't know.
I am a robot.
MDawg
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May 2nd, 2021 at 8:19:14 PM permalink
Futures currently green but nothing big.

Hoping AMZN will re-roar into the 3600s this week.
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Wellbush
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May 3rd, 2021 at 8:03:09 AM permalink
Gold's on the rise today
All persons reading my posts gamble at their own risk, as I do. I don't ordinarily dispute math. I may dispute math I don't understand, or if I think it's faulty. I am not a conspiracy theorist.
SOOPOO
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May 3rd, 2021 at 1:04:25 PM permalink
Quote: MDawg

Futures currently green but nothing big.

Hoping AMZN will re-roar into the 3600s this week.



AMZN "on sale" today! Buying opportunity for MDawg! I still own that TSLA I think at around $687. It was over $700 but I think I got greedy and had a $711 sell and didn't make it. I did flip some TRIP and made a few hundred $. Overall a pretty big up day for me.
MDawg
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May 4th, 2021 at 7:57:49 AM permalink
I did an AMZN trade from 3318 to 3325 today, and a couple yesterday.

I'd rather just have AMZN higher though, and back over 3400, soon!

I will be averaging in more COIN at 271 if it drops that low (my basis is 301, and I was trying to get 311 all last week never quite got there).
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
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May 4th, 2021 at 9:15:36 AM permalink
AMZN 3283 to 3286. Now there's one I wish I had held longer. It actually made it all the way to 3300 before falling back.

Very bloody day long term wise though.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
onenickelmiracle
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May 4th, 2021 at 12:50:11 PM permalink
Quote: MDawg

I did an AMZN trade from 3318 to 3325 today, and a couple yesterday.

I'd rather just have AMZN higher though, and back over 3400, soon!

I will be averaging in more COIN at 271 if it drops that low (my basis is 301, and I was trying to get 311 all last week never quite got there).

TSLA likes being $666 I have noticed.
COIN is just really dependent on BTC, so really depends on what you think BTC will be as there is a relationship.
I am a robot.
MDawg
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May 5th, 2021 at 9:53:11 AM permalink
AMZN 3300 to 3303.

This one needs to get back over 3400 though, for the sake of my long term holdings.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
onenickelmiracle
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May 6th, 2021 at 1:50:45 AM permalink
Are you worried about TSLA? Google Cathie Woods to get the latest news. Basically people fleeing her fund who were in for the quick buck are looking for it elsewhere. I'm thinking I'm going to be having a happy Friday.

So I think. *gulp*
Last edited by: onenickelmiracle on May 6, 2021
I am a robot.
MDawg
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May 6th, 2021 at 6:42:26 AM permalink
AMZN 3255 to 3260. It went a tad lower but there was no way I was going to allow the booking of less than a K on that trade.

Turns out that reason AMZN tanked Mon/Tu, or the primary reason, was that Bezos was dumping shares, which - he does every year anyway, but he dumped a lot this week.
Bezos sells nearly $2 billion worth of Amazon shares

Meantime, BTC has recovered, but COIN has not. I have not averaged in any more shares.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
onenickelmiracle
onenickelmiracle
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May 6th, 2021 at 9:12:36 AM permalink
Quote: MDawg

AMZN 3255 to 3260. It went a tad lower but there was no way I was going to allow the booking of less than a K on that trade.

Turns out that reason AMZN tanked Mon/Tu, or the primary reason, was that Bezos was dumping shares, which - he does every year anyway, but he dumped a lot this week.
Bezos sells nearly $2 billion worth of Amazon shares

Meantime, BTC has recovered, but COIN has not. I have not averaged in any more shares.

I'm waiting on the COIN if I ever do decide it's something worth speculating on any more than I have already. I'm locked in TSLA puts doing well depending what minute it is. At least got more on an uptick. Guess you're looking at it as an opportunity to buy more and get it back in months, years or decades.
I am a robot.
MDawg
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May 6th, 2021 at 10:55:08 AM permalink
Most options expire worthless - you know that, right? And for YEARS now puts / shorting have worked only short term given the massive bull run in the stock market as a whole.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
onenickelmiracle
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May 6th, 2021 at 11:15:33 AM permalink
Quote: MDawg

Most options expire worthless - you know that, right? And for YEARS now puts / shorting have worked only short term given the massive bull run in the stock market as a whole.

I think the time is now. Let's see what happens, that was then. There have been some big puts thrown out. Maybe Ark is the one to hit. I bought more on TSLA at the open, glad I did. I really want to say it's popping, but SNL worries me, he is like a pied piper. I only have 5 puts, but they'll all be in the money tomorrow and all my gold calls are popping. If you want to try a call, do WFC(maybe).
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unJon
unJon
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May 6th, 2021 at 11:19:16 AM permalink
Quote: onenickelmiracle

I think the time is now. Let's see what happens, that was then. There have been some big puts thrown out. Maybe Ark is the one to hit. I bought more on TSLA at the open, glad I did. I really want to say it's popping, but SNL worries me, he is like a pied piper. I only have 5 puts, but they'll all be in the money tomorrow and all my gold calls are popping. If you want to try a call, do WFC(maybe).



All your Tesla puts expire 5/7? What price?
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
onenickelmiracle
onenickelmiracle
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May 6th, 2021 at 11:21:55 AM permalink
Quote: unJon

All your Tesla puts expire 5/7? What price?

$677, $680, $687.

https://www.marketwatch.com/story/oversold-ark-innovation-etf-due-for-bounce-but-trouble-may-loom-for-market-if-it-doesnt-chart-watcher-says-11620235060?siteid=yhoof2&mod=mw_RHF
Last edited by: onenickelmiracle on May 6, 2021
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MDawg
MDawg
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onenickelmiracle
May 7th, 2021 at 5:56:53 AM permalink
Even though job numbers missed, AMZN (especially) and TSLA as well are green in the pre.
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onenickelmiracle
onenickelmiracle
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May 7th, 2021 at 6:04:47 AM permalink
Quote: MDawg

Even though job numbers missed, AMZN (especially) and TSLA as well are green in the pre.

Funny how that changes so much from minute to minute. Lately good is bad and bad is bad.
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MDawg
MDawg
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May 7th, 2021 at 6:22:46 AM permalink
If people start dumping puts or covering shorts on TSLA at the open, that will drive the price higher. At least 2/3 of your puts should remain in the money throughout today though, even if TSLA starts to rally heavily. I would have sold them yesterday. With the time decay reduction in value you'd have needed a big drop today to make them more valuable than they were yesterday.

Over all, the tech market has taken a beating this week and is due to recover, if not today, soon.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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May 7th, 2021 at 6:28:54 AM permalink
The pre-market is fading right now though, in the few minutes before the bell....

AMZN was actually up +50 ! now under +20.
I tell you it’s wonderful to be here, man. I don’t give a damn who wins or loses. It’s just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
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